GAINES COTTAGE, BUNTERS ROAD, WICKHAMBROOK, NEWMARKET, CB8 8XY - £513,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GAINES COTTAGE is a midsized extended detached house of 116m², built sometime before 1900. It was last sold for £513,000 in September 2021, which was around 25% above the average September 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was F, and the potential energy rating was D.

GAINES COTTAGE Sold Prices

Land registry data shows three sales for GAINES COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. Two of the three GAINES COTTAGE sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 29 SEP	£513,000	£410,458	25% above HPI
2015 23 JUN	£390,000	£313,650	24% above HPI
2008 28 AUG	£229,000	£263,603	13% below HPI

GAINES COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three GAINES COTTAGE sales between August 2008 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is GAINES COTTAGE?

GAINES COTTAGE is 116m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses in Wickhambrook, based on EPC data. The below chart shows the distribution of detached houses by size in Wickhambrook, and where GAINES COTTAGE lies on this distribution: 51% of detached houses are smaller than GAINES COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Wickhambrook.

GAINES COTTAGE: Plot and Title Map

GAINES COTTAGE sits on a plot of roughly 0.246 of an acre, or 996m². The below map shows the location of GAINES COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of GAINES COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is GAINES COTTAGE?

GAINES COTTAGE is located on BUNTERS ROAD in WICKHAMBROOK, in the CB8 postcode district. The below map shows the position of GAINES COTTAGE on BUNTERS ROAD.